How can the global crisis affect crypto? - page 17.

yndye

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Quote from: pontiy on July 24, 2018, 11:56:17 PM

Quote from: vasil777 on July 04, 2018, 03:50:16 AM

What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.

It is very difficult to say, how can the global crisis affect crypto.. this can have a very good effect, because if people are afraid of the crisis, they can start investing in other markets, for example in the cryptocurrency market, it will be a new experience for them, and then we can see a very good growth

It depends then on how will people perceive cryptocurrency if it is the safe haven for their investments along with precious metals or it would just be one of the markets that people will leave because of the crisis. Traditional markets will suffer like stocks but we have yet to see the effects of it in cryptocurrency market. After all, it was created due to the financial crisis that happened 10 years ago so maybe it would be the safe haven then for all the investors in times of global crisis.

jackylion

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Buy, sell and store real cryptocurrencies

Yes, in my opinion, if the global crisis has a lot of impact on the code, if the inflation occurs the purchase of the code will take place and the price of the coin will rise. and the global deflationary economy will reverse.

pontiy

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Quote from: vasil777 on July 04, 2018, 03:50:16 AM

What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.

It is very difficult to say, how can the global crisis affect crypto.. this can have a very good effect, because if people are afraid of the crisis, they can start investing in other markets, for example in the cryptocurrency market, it will be a new experience for them, and then we can see a very good growth

sherenikaw

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rocket.hashbon.com

Well, actually nobody will not expect about this. But, it is interesting, yeah. In my personal opinion, it may give effects to the crypto. Many people may prefer to sell their coins for the needs of their life necessity and fulfill the eager. Actually, this condition may give negative effect of the decreasing the value and rate of the crypto. But, I will not expect about this.

cumeeta

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I think the crypto would definetely go down, particularly ICOs and new ventures would be influenced adversely however concerning bitcoin there would be no change, its cost can transform, it would in any case succeed.

ganlianshifu1

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If a financial crisis occurs, it will cause inflation, and cryptocurrency can effectively fight inflation!
People protect their property through cryptocurrencies from the losses caused by the financial crisis!

Caelanpelley

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Quote from: vasil777 on July 04, 2018, 03:50:16 AM

What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.

The economic crisis has had a great impact on the electronic money market. This may be something we are worried about. The cipher market will fall, the pennies can not rise. Most developed countries in bitcoin are economically developed countries.

JCLee

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Quote from: vasil777 on July 04, 2018, 03:50:16 AM

What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.

Did you mean the global economic crisis? If the global economic crisis is not the cryptocurrency market, all the markets will be affected by the severe economic downturn. That is a negative issue, which will cause the exchange rate of the cryptos market to fall sharply if the crisis occurs.

Tirdok

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the cryptocurrency market will also experience a crisis because many ICO projects are tied to the global economy that will affect the cryptocurrency market.

Topilsimn

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In the event that something like worldwide emergency happened is will influence uniquely the cost of our altcoins yet we don't know whether it is get down or get higher. since we haven't seen it yet. more often than not worldwide emergency has distinctive class. case if a war breakout it will influence the cost in light of the fact that less individuals are needing it right at that point.

mine2slow

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Quote from: Hughesy26 on July 22, 2018, 09:50:48 AM

I'm pretty confident that if there is a global economic crisis, the price of gold will increase significantly as money in stocks derisks to other asset classes.

I'm less sure that the price of crypto will increase. I think it will but there is less historic data to rely on.

This is why everyone says to hold a diversified portfolio

Interesting point of view. I'm not sure about gold. Investments in the armory, oil, gas, and wood will increase I guess. There have been no wars and cataclysms for long, calm before the storm... Hopefully, this storm won't touch us. But I doubt if cryptocurrency will grow during the global crisis.

Kasabus

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Quote from: vasil777 on July 04, 2018, 03:50:16 AM

What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.

Cyrpto market could still be alive, it only happens that their is a huge decrease in numbers of users and investors. That two things help market grow, it is really hard to strategies when there is no investors and yet, prices will shows huge decline which lead for red market.

crimsongoth

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As a result, I think that cryptocurrencies, which is decentralized, won't be influenced the issues that affect the fiat money like the global crisis, as it has to be more immunity.

dusty_daniel

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The Premier Digital Asset Management Ecosystem

It is told that the big markets money will transit to Crypto. However it has a lot of doubt. We can’t know how real it is. It is possible that the big players need more stable assets.

Dart18

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A lot.
People will be hoarding for their food and use the fiat that they have for necessities. When that happens who else will risk for crypto.
I wont. I would rather buy it for something which be worth it after the crisi and I dont think the crypto world is that.

Something which is important for most of the people should be the business they will be looking for.

kr105

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We do not know that but anything can happen. In the global crisis, people with financial hardships may prefer to sell their cryptocurrency, people who think they will valuable can invest in cryptocurrency, hard to decide.

avonka

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In case of Economic Crises in the future I think that huge money will enter the market as money always try to find security.
During big crises many people invested in gold , but gold is not limited supply while BTC is limited. So I could expect to see
BTC mooning if it happens.

mika1977

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I think the crisis is a positive phenomenon. Many will lose money because of the bankruptcy of banks, and with the cryptocurrency you are a Bank yourself.

Nisharawal

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I am no stable coin. to the mooonn.. and back

Quote from: vasil777 on July 04, 2018, 03:50:16 AM

What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.

If there is any economic crisis arising all over the world then people will start panicking and then they won't able to trust the US dollar as their value will be decreasing at that point of time and then they will start trusting the Bitcoins and other altcoins where they will start investing for getting stable returns as compare to FIAT currencies, but make sure that the cryptocurrency is a major one like Bitcoin, Ethereum, Litecoin otherwise it would go down too. It's just my personal view.

Hughesy26

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I'm pretty confident that if there is a global economic crisis, the price of gold will increase significantly as money in stocks derisks to other asset classes.

I'm less sure that the price of crypto will increase. I think it will but there is less historic data to rely on.

This is why everyone says to hold a diversified portfolio

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